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Economic growth and inequality in Singapore: The case for a minimum wage

  • Weng Tat Hui
  • National University of Singapore

Research output: Contribution to journalArticlepeer-review

Abstract

In the context of Singapore's ageing population, the employment of large numbers of low-skilled foreign workers is proving to be a major challenge to inclusive growth because of the stagnation of low-wage workers' incomes. In order to address this problem, the author makes the case for introducing a minimum wage to complement existing in-work benefit schemes. After addressing the commonly voiced objections to a minimum wage system, he suggests ways in which a minimum wage could be implemented in Singapore. New measures to enhance the social safety net and foster more sustainable economic growth are also proposed.

Original languageEnglish
Pages (from-to)107-123
Number of pages17
JournalInternational Labour Review
Volume152
Issue number1
DOIs
Publication statusPublished - Mar 2013
Externally publishedYes

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

  1. SDG 8 - Decent Work and Economic Growth
    SDG 8 Decent Work and Economic Growth
  2. SDG 10 - Reduced Inequalities
    SDG 10 Reduced Inequalities

Keywords

  • Singapore
  • economic development
  • low income
  • migrant worker
  • minimum wage
  • wage differential
  • wage policy

ASJC Scopus subject areas

  • Strategy and Management
  • Organizational Behavior and Human Resource Management
  • Management of Technology and Innovation

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